Watch Out For These Ineligible Uses of the EIDL Loan Funds!
The EIDL (Economic Injury Disaster Loan) is to provide financial assistance to small businesses or private non-profit org. that suffered...
PPP Updated! Loan Forgiveness Changes & More!
The U.S. Senate recently approved the House-passed version of the Paycheck Protection Program (PPP) legislation Wednesday night. It is...
PPP Loan Deductibility & Why Tax Planning is Really Important
On April 30, 2020, the IRS issued Notice 2020-32 to address the deductibility of loan amounts received under the Paycheck Protection...
Successful Tax Planning Steps 2020
Recently, we shared about how business owners may potentially land into HUGE tax bills if payroll expenses funded through PPP are...
Why Building Solid Banking Relationship Matters?
When the coronavirus (COVID-19) hit the US market, the majority of the businesses had to shut down due to lockdown orders. Due to the...
Texas receives $50 M in small business loans through Goldman Sachs & LiftFund
Texas Governor Greg Abbott is planning to reveal strategies to slowly reopen businesses in Texas with the aim of revitalizing the...
Cuts to Payroll Affecting Loan Forgiveness
Business owners are facing difficult decisions to keep their business afloat, they need to plan about every option before making a rash...
Free Webinar: How to Apply For Paycheck Protection Program In Time of Corona
With stay-at-home orders being placed all across the U.S., 30 million small businesses were affected and some had to start laying off...
Disaster Assistance Program
We have good news to share with business owners in this challenging time. We have received the following information from our strategic...